Plug signs agreement to support major U.S. automaker’s material handling operations, hydrogen and fuel cell solutions.
Plug Power, Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for a green hydrogen economy, supplies hydrogen infrastructure and fuel cell solutions to major U.S. automakers to support material handling operations We have signed a contract. The over 6 square mile manufacturing campus is dedicated to electric vehicles and batteries, making it one of the largest automotive manufacturing campuses in U.S. history.
The entire material handling fleet on the manufacturing campus, including forklifts and tractors, runs on Plug fuel cells. In addition to the fuel cell fleet, the contract also includes on-site hydrogen infrastructure, including two liquid hydrogen storage tanks and more than 10 hydrogen dispensers to prepare for expanded hydrogen applications.
Andy Marsh Plug CEO said:
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This new partnership further strengthens our track record of success in the automotive industry and represents a major leap forward in promoting sustainability in this sector.
“We are excited to enhance this facility with Plug’s cutting-edge green hydrogen ecosystem and provide solutions that improve operational efficiency while contributing to a more sustainable and environmentally responsible future. .”
Plug’s hydrogen fuel cells can directly replace any battery solution in electric forklifts. By implementing a fuel cell solution, the facility will be able to increase productivity, streamline operations and maximize fleet uptime while reducing greenhouse gas emissions.
In 2024, Plug will undertake the installation and commissioning of the hydrogen infrastructure, preparing the facility for its debut. The facility is expected to be fully operational by the first quarter of 2025, with production being rolled out in carefully planned stages to ensure a smooth and effective ramp-up towards full operation. Masu.
Plug is a committed partner in driving sustainable material handling operations for major automakers, including long-standing collaborations with industry pioneers such as BMW, Daimler, Honda, GM, and Stellantis, with a commitment to environmental responsibility and operational efficiency. I have contributed to this effort.
About the plug
Plug is building an end-to-end green hydrogen ecosystem, from production, storage and distribution to energy generation, to help customers achieve their business goals and decarbonize their economies. In creating the first commercially viable market for hydrogen fuel cell technology, we have installed more than 60,000 fuel cell systems and 180 filling stations, more than any other company in the world. It is the largest purchaser of liquid hydrogen.
Under its plan to operate a green hydrogen highway across North America and Europe, Plug will build a state-of-the-art gigafactory to produce electrolyzers and fuel cells, and deploy multiple green hydrogen plants with the aim of commercial operation by the end of 2028. We are developing a manufacturing plant. The company’s green hydrogen solutions are delivered directly to customers and through joint venture partners in multiple environments including material handling, e-mobility, power generation and industrial applications.
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Plug signs agreement to support major U.S. automaker’s material handling operations, hydrogen and fuel cell solutions.sauce
